About Envestnet (NYSE:ENV)
Envestnet, Inc., together with its subsidiaries, provides financial and wealth management software and services in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee business segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, and sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides a portfolio of accounting, rebalancing, trading, performance reporting, and client relationship management software, primarily to high-end registered investment advisers; Envestnet | Retirement Solutions, which offers a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provides research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company serves banks, wealth management and brokerage firms, Internet services companies, and other financial institutions. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
Trailing P/E Ratio66.02
Forward P/E Ratio46.48
Sales & Book Value
Annual Sales$683.68 million
Price / Sales3.84
Cash Flow$2.3618 per share
Price / Cash24.60
Book Value$9.86 per share
Price / Book5.89
EPS (Most Recent Fiscal Year)$0.88
Return on Equity10.66%
Return on Assets4.99%
Envestnet (NYSE:ENV) Frequently Asked Questions
What is Envestnet's stock symbol?
Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."
How were Envestnet's earnings last quarter?
Envestnet Inc (NYSE:ENV) issued its earnings results on Wednesday, May, 9th. The business services provider reported $0.37 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.01. The business services provider had revenue of $198 million for the quarter, compared to the consensus estimate of $194 million. Envestnet had a return on equity of 10.66% and a net margin of 2.48%. The company's revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 EPS. View Envestnet's Earnings History.
When is Envestnet's next earnings date?
What guidance has Envestnet issued on next quarter's earnings?
Envestnet updated its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share (EPS) guidance of $1.78 to $1.83 for the period, compared to the Thomson Reuters consensus estimate of $1.81. The company issued revenue guidance of $811 million to $821 million from $808 million to $823 million, compared to the consensus revenue estimate of $817.79 million.Envestnet also updated its Q2 guidance to $0.37 EPS.
What price target have analysts set for ENV?
8 equities research analysts have issued twelve-month price targets for Envestnet's stock. Their predictions range from $42.00 to $65.00. On average, they expect Envestnet's share price to reach $54.50 in the next year. View Analyst Ratings for Envestnet.
Are investors shorting Envestnet?
Envestnet saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,754,083 shares, an increase of 51.7% from the May 15th total of 1,156,476 shares. Based on an average daily trading volume, of 549,119 shares, the days-to-cover ratio is presently 3.2 days. Approximately 4.0% of the company's shares are short sold.
Who are some of Envestnet's key competitors?
Some companies that are related to Envestnet include The Western Union (WU), CDK Global (CDK), WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Stamps.com (STMP), Healthequity (HQY), GreenSky (GSKY), Conduent (CNDT), MAXIMUS (MMS), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), Cotiviti (COTV) and Sothebys (BID).
Who are Envestnet's key executives?
Envestnet's management team includes the folowing people:
- Mr. Judson Taft Bergman, Chairman & CEO (Age 61)
- Mr. William C. Crager, Pres (Age 54)
- Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 50)
- Mr. Scott David Grinis, Chief Technology Officer (Age 56)
- Mr. Anil Arora, Vice Chairman & Chief Exec. of Envestnet | Yodlee (Age 57)
Has Envestnet been receiving favorable news coverage?
News headlines about ENV stock have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Envestnet earned a media sentiment score of 0.10 on Accern's scale. They also gave press coverage about the business services provider an impact score of 46.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Envestnet's major shareholders?
Envestnet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (7.72%), BlackRock Inc. (6.03%), Wasatch Advisors Inc. (4.02%), Van Berkom & Associates Inc. (2.88%), Stephens Investment Management Group LLC (2.33%) and Royal Bank of Canada (1.61%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.
Which major investors are selling Envestnet stock?
ENV stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Wells Fargo & Company MN, Millennium Management LLC, Victory Capital Management Inc., Oak Ridge Investments LLC, Stephens Investment Management Group LLC, Wasatch Advisors Inc. and Russell Investments Group Ltd.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.
Which major investors are buying Envestnet stock?
ENV stock was acquired by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Robeco Institutional Asset Management B.V., Impax Asset Management LLC, PNC Financial Services Group Inc., Amundi Pioneer Asset Management Inc., Carillon Tower Advisers Inc., Prudential Financial Inc. and New York State Common Retirement Fund. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.
How do I buy shares of Envestnet?
Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Envestnet's stock price today?
One share of ENV stock can currently be purchased for approximately $58.10.
How big of a company is Envestnet?
Envestnet has a market capitalization of $2.63 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.
How can I contact Envestnet?
Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]
MarketBeat Community Rating for Envestnet (ENV)MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.